energy

US suggests tariffs on Russian oil, as Hungary blocks EU-wide embargo

The EU failed to agree on its latest sanctions against Russia on Tuesday, as Hungary refused to drop its threat…

3 years ago

Hungary leverages over EU oil sanctions

The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to…

3 years ago

Crucial vote next week for EU decarbonisation

MEPs on the environment committee of the European Parliament (ENVI) will vote on a tranche of environmental proposals early next…

3 years ago

EU may compensate CEE countries for hit from Russian oil embargo

The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence…

3 years ago

EU offers CEE countries extended deadline for Russian oil embargo

The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give…

3 years ago

Germany to help Czechia renew army, and landlocked CEE countries to access gas

Germany will help Czechia to modernise its army by replacing military equipment it sent to Ukraine, German Chancellor Olaf Scholz…

3 years ago

CEE countries react to EU plan to completely phase out Russian oil

There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for…

3 years ago

CEE firms face clamour for solar panels, heat pumps

The combination of a rise in demand for renewable energy sources and supply-chain issues is causing problems for manufacturers in…

3 years ago

EU may excuse Hungary, Slovakia from oil ban

The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn…

3 years ago

Poland opens new GIPL pipeline, bringing Baltic states into EU gas transit network

Poland began operating a new pipeline that transits gas from Lithuania on Sunday, 1 May. The launch was particularly timely,…

3 years ago

Europe’s road from Ostpolitik to a possible total Russian energy ban – CET analysis

Mutually beneficial business relations were meant to cement cooperation and peace in Europe after WWII. This post-world war global order…

3 years ago

Poland, Bulgaria seek alternative gas supplies, after Russia pulls plug

EU Commission President von der Leyen proclaimed “the era of Russian fossil fuel in Europe is coming to an end"…

3 years ago

EU states see green goals, Russian energy cuts as win-win

A coalition of 11 European Union states led by Denmark wants to accelerate the continent’s green transformation, in order to…

3 years ago

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

3 years ago

Warsaw gets serious about eliminating Russian energy imports

Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all…

3 years ago

Bulgaria gets reduced gas price from Gazprom before elections

Ahead of parliamentary and presidential elections in Bulgaria, Russian gas giant Gazprom has gone against market trends, giving Bulgaria's state-run…

3 years ago

Poland u-turns on COP26 pledge to phase out coal

Polish Climate and Environment minister Anna Moskwa appeared to reverse Poland's commitment to cutting coal power by 2030 on Thursday,…

3 years ago

Russia leverages gas in attempt to weaken Moldova’s ties with EU – Financial Times

Russian state-owned Gazprom has offered Moldova a new and improved gas-supply contract on condition that it drops its tariff-free trade…

3 years ago

Rising bills bring extra bite to Baltic winter

For the citizens of Estonia, Lithuania and Latvia, the signs are ominous. As the Baltic countries look ahead to rising…

3 years ago

Nord Stream 2 cements Russian dominance of European energy market

The contentious Nord Stream 2 natural gas pipeline will commence gas transits from Russia to Europe next month, according to…

3 years ago